Privacy Policy

Send Money 24 LTD is a company incorporated in England and Wales (company number 07685129) whose registered head office is Compass House, Vision Park, Chivers Way, Histon, Cambridge, CB24 9AD. SendMoney24 is registered by the Financial Conduct Authority under the Payment Services Regulations 2009 (Ref. No. 585075) for the provision of payment services.

In this Privacy Policy Data Protection Legislation "means the EU General Data Protection Regulation 2016/679, together with all other applicable legislation relating to privacy or data protection, and where we use the terms "personal data", "data subject", "controller", “processor” and "process" (and its derivatives), such terms shall have the meanings given to them in the Data Protection Legislation.

This Privacy Policy (“Privacy Policy”), which includes our Cookie Policy, sets out the basis on which SendMoney24 (“we”, “us”, “our”) as data controller will collect and process any personal data in the course of operating the Service.

2. The information we collect

The personal data we hold about you is given directly by you, and it may also include information obtained from those third parties authorised by you to share such information with us, including:

(a) Information that you provide by filling in forms on the Service, posting User Content or requesting further services or reporting a problem;

(l) Information about activities you undertake, such as the pages you visit, searches you make or marketing or links you click;

(m) Transaction Data: value of transactions;

We aim to keep your personal data up-to-date, so please advise us of any changes. You must notify us within thirty days of any change in your name, residential address, contact details, identification evidence given to us and any other details that we reasonably consider to be material to our dealings with you in relation to the Service. We rely on you providing accurate information to enable us to exercise our rights and comply with our obligations under this Privacy Policy and cannot be held responsible for you providing incorrect information.

3. Use of Personal Information

At SendMoney24.com we understand the importance of information privacy to our customers. How we deal with your personal information is outlined below. We will use the personal information we gather:

1. To process any application for money transfer, foreign currency exchange or other payment services

2. For Marketing and to send you details of products and services we believe you may be interested in, with your explicit consent

3. To help us do research, statistical analysis and formulate payment services policies

4. To carry out system testing and training

5. To help prevent financial crime, fraud or terrorism

Lawful grounds

We have described the purposes for which we may use information about you. We are permitted to process such information in this way, in compliance with the Data Protection Legislation, by relying on one or more of the following lawful grounds:

(a) you have explicitly agreed to us processing such information for a specific reason;

(b) the processing is necessary to perform the agreement we have with you or to take steps to enter into an agreement with you;

(c) the processing is necessary for compliance with a legal obligation we have; or

(d) the processing is necessary for the purposes of a legitimate interest pursued by us, which might be:

(i) to ensure that our Customer relationships are well-managed; (ii) to provide our Service; (iii) to prevent fraud; (iv) to protect our business interests; (v) to ensure that complaints are investigated; (vi) to evaluate, develop or improve our products and services; or (vii) to keep our Customers informed about relevant products and services, unless you have indicated at any time that you do not wish us to do so.

Automated processing

When we use your information, we may use automated processes. In particular, in order to comply with our obligations under anti-money laundering legislation, we are required to verify the identity of all clients and other information (including but not limited to details of any nationality, citizenship or rights of residence you hold) to satisfy our regulatory obligations. We may do this using an electronic verification system that we consider suitable or by asking you for documentary evidence. If you want to know more about your rights in relation to automated decision making, please contact us.

4. Sharing of Personal Data

We will keep your personal data confidential and only disclose it to others for the purposes described below. We will ensure that if we share such information with third parties, any such disclosure is at all times in compliance with Data Protection Legislation. We may share your personal data:

(a) In the event that we sell or buy any business or assets, in which case it may disclose your Personal Data to the prospective seller or buyer of such business or assets;

(b) If substantially all of our assets are acquired by a third party, in which case Personal Data held by us about our customers will be one of the transferred assets;

(c) If we are under a duty to disclose or share your Personal Data in order to comply with any legal obligation, or in order to enforce or apply any agreements to which you are a party; or to protect our rights, property, or safety, or that of our customers, or others (which includes exchanging information with other companies and organizations for the purposes of fraud protection and credit risk reduction);

(d) If you request us, or give your permission for us to do so;

(e) To an identity verification agency to check your identity and to prevent fraud;

(f) To our suppliers, agents and subcontractors to use for the purpose of operating the Service, under an obligation to take appropriate technical and organisational security measures against the unauthorised or unlawful processing of personal data and against the accidental loss or destruction of, or damage to, such personal data;

(g) To investigate, prevent or detect fraud or carry out checks against money laundering;

We may disclose your information to payers, payees and intermediaries in the course of providing our services or as required by Regulation EC 1781/2006 on information on the payer accompanying transfers of funds; persons with whom we share information for anti-money-laundering, security verification or validation purposes; regulatory and prosecuting authorities; service providers acting on our behalf.

Our in data storage facilities are located within the European Union. However we do store and process personal data outside the European Union and so information about you in our possession may be transferred to other countries (which may include countries outside the European Economic Area) for any of the purposes described in this Privacy Policy, including our transmission of such information to our agents outside the European Economic Area. If any such information belongs to any Relevant Third Parties, by providing us with such information you confirm that you have obtained any necessary permissions from such persons to the reasonable use of their information for such purposes in accordance with the following provisions, or are otherwise permitted to give us this information on their behalf.

You and they understand and accept that these countries may have differing (and potentially less stringent) laws relating to the degree of confidentiality afforded to the information it holds and that such information can become subject to the laws and disclosure requirements of such countries, including disclosure to governmental bodies, regulatory agencies and private persons, as a result of applicable governmental or regulatory inquiry, court order or other similar process. In addition, a number of countries have agreements with other countries providing for exchange of information for law enforcement, tax and other purposes.

When we, or our permitted third parties, transfer information outside the European Economic Area, we or they will impose contractual obligations on the recipients of that data to protect such information to the standard required in the European Economic Area. We or they may require the recipient to subscribe to international frameworks intended to enable secure data sharing. In the case of transfers by us, we may also transfer your information where:

(a) the transfer is to a country deemed to provide adequate protection of your information by the European Commission; or

(b) you have consented to the transfer.

If we transfer your information outside the European Economic Area in other circumstances (for example because we have to provide such information by law), we will use best endeavours to put in place appropriate safeguards to ensure that your information remains adequately protected.

If any information which you provide to us relates to any third party (a "Relevant Third Party"), by providing us with such information you confirm that you are permitted to give us this information on their behalf.

5. Cookies and Web Bugs

Cookies are small pieces of information that a website places within your browser on your computer hard drive.

You and Relevant Third Parties have a number of rights concerning the way that we use your information. You are responsible for ensuring that Relevant Third Parties are aware of these rights. At any time, you and they shall have the right:

(a) to be informed about the processing of their personal data (i.e. for what purposes, what types, to what recipients it is disclosed, storage periods, any third party sources from which it was obtained, confirmation of whether we undertake automated decision-making, including profiling, and the logic, significance and envisaged consequences);

(b) to request access to, or a copy of, any personal data we hold about them;

(c) to request the rectification of their personal data, if they consider that it is inaccurate.;

(d) to request the erasure of their personal data, if they consider that we do not have the right to hold it;

(e) to object to their personal data being processed for a particular purpose or to request that we stop using their information;

(f) to request not to be subject to a decision based on automated processing and to have safeguards put in place if they are being profiled based on their personal data;

(g) to ask us to transfer a copy of their personal data to themselves or to another service provider or third party where technically feasible and otherwise required by [applicable regulations];

(h) to withdraw, at any time, any consent that they have previously given to us for our use of their personal data; or

(i) to ask us to stop or start sending them marketing messages at any time.

7. Access to Your Information

You and Relevant Third Parties may have a right of access to some, or all, of the information we hold about you or them, or to have any inaccurate information corrected, under the Data Protection Legislation. Any request for access to or a copy of your personal data must be in writing and we will endeavour to respond within a reasonable period and in any event within one month in compliance with Data Protection Legislation. We will comply with our legal obligations as regards any individual’s rights as a data subject.

We aim to ensure that the information we hold about you and Relevant Third Parties is accurate at all times. To assist us in ensuring that such information is up to date, please let us know if the personal details of you and Relevant Third Parties change by contacting us We will correct any incorrect or incomplete information and will stop processing personal data, or erase it, where there is no legal reason for us to continue to hold or use that information.

8. Retaining Your Information

We will only keep the information we collect about you and Relevant Third Parties on our systems or with third parties for as long as required for the purposes set out above or as required to comply with any legal obligations to which we are subject. This will involve us regularly reviewing our files to check that information is accurate and up-to-date and still required.

If you or we decide not to go ahead with providing the Service, we may still keep your information.

We will normally destroy or erase data after six years from the end of our agreement with you or as required by any applicable regulations. However, we may retain your information, or information relating to Relevant Third Parties after you cease to be a client for longer than this, provided it is necessary for a legal, regulatory, fraud prevention or other legitimate business purpose.

9. Sending You Marketing Information

We may use your information from time to time to inform you by letter, telephone, text (or similar) messages, email or other electronic means, about similar products and services (including those of third parties) which may be of interest to you.

You, at any time, can request that we cease or do not send such information by one, some or all channels, by contacting us.

10. Contacting Us

If you wish to exercise any of the rights relating to your information set out above, or if you have any questions or comments about data protection, or you wish to raise a complaint about how we are using your information you can contact us using the following details, or any other details notified to you from time to time:

(a) Write to the registered and head office of Send Money 24 LTD

(b) Email us at manager{at}sendmoney24{dot}com.

If you or a Relevant Third Party have any concerns about our use of your or their information, you and they also have the right to make a complaint to the relevant Data Protection Authority http://ec.europa.eu/justice/article-29/structure/data-protection-authorities/index_en.htm which regulate and supervise the use of personal data in the EEA.

We may change this Privacy Policy from time to time. If we do, we will post any changes we make on this page and notify you via email.

The Service may, from time to time, contain links to and from the websites of other businesses, including networks, advertisers and affiliates. If you follow a link to any of these websites, please note that those third parties have their own privacy policies and that we do not accept any responsibility or liability for those policies. Please check those policies before you submit any personal data directly via those websites or to those third parties.